Simplest price action price will come down after retesting 0.38 Fibonacci level!!
As i told you before if market break the lower trendline it starts coming down and now it is heading towards 0.65
As we can see market is rejecting at a very high resistance zone so we can put a down trade!!
As you can see the market is at a very strong support zone and continuously rejecting so we can put a buy trade on this!!
As on daily timeframe we can see that market retest the breaked resistance and now it is heading towards downside, so we can put a sell!!
If price breaks the trendline then it will be short otherwise you can go for up!!!
Price is heading towards the support zone for retesting after retesting it starts heading upwards!
Price of EURGBP broke the resistance zone of 0.83750 and now it is heading towards 0.85000.
Reasons to Buy: 1. Break Resistance zone 0.83750 2. Trendline If you like this idea then like and leave a comment and share some knowledge to me.